4//SEC Filing
Orsel Karin Y 4
Accession 0001140361-25-009763
CIK 0001326200other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 9:00 PM ET
Size
12.4 KB
Accession
0001140361-25-009763
Insider Transaction Report
Form 4
Orsel Karin Y
Director
Transactions
- Award
Restricted Stock Units
2025-03-18+164.38→ 7,698.67 total→ Common Stock (164.38 underlying) - Award
Restricted Stock Units
2025-03-18+128.52→ 6,018.89 total→ Common Stock (128.52 underlying) - Award
Restricted Stock Units
2025-03-18+177.95→ 8,333.91 total→ Common Stock (177.95 underlying) - Award
Restricted Stock Units
2025-03-18+131.53→ 6,159.97 total→ Common Stock (131.53 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
- [F2]These RSUs vested on May 16, 2022.
- [F3]These RSUs vested on May 16, 2023.
- [F4]These RSUs vested on May 23, 2024.
- [F5]These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 23, 2024 grant date and (ii) the date that is fourteen months after the grant date.
- [F6]Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.
Documents
Issuer
GENCO SHIPPING & TRADING LTD
CIK 0001326200
Entity typeother
Related Parties
1- filerCIK 0001853182
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 9:00 PM ET
- Size
- 12.4 KB